Gree Electric Appliances, Inc. of Zhuhai

XSEC:000651 Stock Report

Market Cap: CN¥237.6b

Gree Electric Appliances of Zhuhai Past Earnings Performance

Past criteria checks 6/6

Gree Electric Appliances of Zhuhai has been growing earnings at an average annual rate of 6.8%, while the Consumer Durables industry saw earnings growing at 8.1% annually. Revenues have been growing at an average rate of 2.1% per year. Gree Electric Appliances of Zhuhai's return on equity is 22.7%, and it has net margins of 15.8%.

Key information

6.8%

Earnings growth rate

9.2%

EPS growth rate

Consumer Durables Industry Growth8.1%
Revenue growth rate2.1%
Return on equity22.7%
Net Margin15.8%
Last Earnings Update30 Sep 2024

Recent past performance updates

Recent updates

Revenue & Expenses Breakdown

How Gree Electric Appliances of Zhuhai makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

XSEC:000651 Revenue, expenses and earnings (CNY Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Sep 24195,69430,88621,7756,895
30 Jun 24204,52630,48024,8826,750
31 Mar 24204,88829,58325,1066,715
31 Dec 23203,97929,01724,5256,762
30 Sep 23196,50726,29523,1306,746
30 Jun 23193,00325,71321,2436,770
31 Mar 23189,18524,61318,0816,496
01 Jan 23188,98824,50717,1056,281
30 Sep 22197,22325,72315,4876,287
30 Jun 22192,03925,07314,3765,971
31 Mar 22189,93923,62415,6016,286
31 Dec 21187,86923,06415,8466,297
30 Sep 21180,44524,12116,8566,831
30 Jun 21189,75025,27018,8706,957
31 Mar 21180,99424,06018,5746,477
01 Jan 21168,20122,17516,6986,053
30 Sep 20169,00616,27816,8265,249
30 Jun 20170,36017,30916,6815,348
31 Mar 20178,00520,58318,8735,564
01 Jan 20198,15724,69722,2535,891
30 Sep 19204,46727,20225,7736,675
30 Jun 19204,44827,14725,7997,177
31 Mar 19199,11126,29323,2717,115
01 Jan 19198,12526,20323,3566,988
30 Sep 18186,11228,05821,1385,817
30 Jun 18170,08025,75417,6526,450
31 Mar 18158,16823,96818,5544,727
31 Dec 17148,28822,40019,2413,618
30 Sep 17136,75019,69717,5932,744
30 Jun 17128,30518,51521,1190
31 Mar 17113,34516,32022,1450
31 Dec 16108,30415,46521,9670
30 Sep 1698,65213,80921,7490
30 Jun 1696,81913,21424,1720
31 Mar 1697,88412,91721,2070
31 Dec 1597,74812,53220,5690
30 Sep 15120,86614,28027,1350
30 Jun 15129,99814,15830,4790
31 Mar 15137,59014,67633,7640
01 Jan 15137,75114,15534,0570
30 Sep 14129,22813,11933,2770
30 Jun 14123,59912,57329,4240
31 Mar 14121,19611,79027,5910
31 Dec 13118,62810,87027,6630

Quality Earnings: 000651 has high quality earnings.

Growing Profit Margin: 000651's current net profit margins (15.8%) are higher than last year (13.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: 000651's earnings have grown by 6.8% per year over the past 5 years.

Accelerating Growth: 000651's earnings growth over the past year (17.5%) exceeds its 5-year average (6.8% per year).

Earnings vs Industry: 000651 earnings growth over the past year (17.5%) exceeded the Consumer Durables industry -0.2%.


Return on Equity

High ROE: 000651's Return on Equity (22.7%) is considered high.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/22 00:14
End of Day Share Price 2024/12/20 00:00
Earnings2024/09/30
Annual Earnings2023/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Gree Electric Appliances, Inc. of Zhuhai is covered by 58 analysts. 26 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Chen LuoBofA Global Research
Zhen Xiong LyeCFRA Equity Research
Hongwei HuangChasing Securities